A new milestone was achieved amidst ups and downs of Stock Market. On Monday, both the stock market indices Sensex and Nifty opened with strong gains. The 30-share Sensex of Bombay Stock Exchange opened at the level of 75,655.46 and after that its pace increased, and it touched a new peak of 76,009.68.
On the other hand, Nifty started trading at the level of 23,038.95 with a huge jump compared to its previous closing of 22,957.10 and by the time the market closed, it touched a new high level of 23,110.80. However, at the end of trading, the pace of both the indices slowed down and the Sensex fell by 19.89 points and closed at the level of 75,390.50, while the Nifty slipped by 24.65 points and closed at the level of 22,932.45.
These 10 stocks outshone the rest
The stock market closed with a decline and considerable fluctuations were seen during trading. During this period, there were 10 shares in which rapid growth was seen. Among these, the share of Indian Overseas Bank (IOB Share) increased by 10.69 % and closed at Rs 74.42. Apart from this, Glemark Share closed with a rise of 8.20%. Ashok Leyland Share closed with a rise of 7.69 % and UCO Bank Share closed with a rise of 7.13 %.
Apart from these, shares of ZFCVIndia, included in the small cap companies of BSE, closed with a gain of 20%, FinCabels Share 13.60%, Nazara Tech Share closed with a gain of 9.53 %. Whereas, MMFL Share closed with a rise of 12.74%. Torrent Pharma Share also jumped by 9 % on Monday, apart from this, Rail Vikas Nigam Limited (RVNL) Share jumped by 8 %.
Due to the rise in shares during the initial rise in the share market, there was a huge rise in BSE M-Cap (BSE Market Cap) and if we look at the figures, it became Rs 421.50 lakh crore during this period. The M-Cap was at Rs 419.99 lakh crore on the last trading day of last week. According to this, stock market investors earned a whopping total of Rs 1.51 lakh crore. On Monday, with a stormy rise, about 215 stocks touched their highest in 52-weeks.